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Reply #21: i would do as my forebears did i'm sure [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
pitohui Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-27-06 04:02 PM
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21. i would do as my forebears did i'm sure
in a deflationary style event like the great depression, cash is king, some of those old ladies purchased swamp land for pennies which became property worth millions in their old age when the interstates were planned and built

a little amt of savings becomes a lot during deflation

it's an ill wind that blows nobody any good, i'm afraid

if the housing bubble really did deflate (it won't, that's a dream of young people who see how impossible it is to buy manhattan, coast california, etc. homes on their incomes) but say it did, the people w. any little bit of savings would be idiots to run off to the country when they could buy at the bottom and retire in wealth in their later years
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  -What would you do if another Great Depression hit? NickB79  Jan-27-06 03:36 PM   #0 
  - Probably do what they did during the first Depression.  sparosnare   Jan-27-06 03:37 PM   #1 
  - Yep. My mom and in-laws all own their own homes  Ishoutandscream2   Jan-27-06 03:40 PM   #5 
  - That's my plan as well  NickB79   Jan-27-06 03:56 PM   #18 
  - great depression day  BILL53   Jan-27-06 08:17 PM   #63 
  - My grandparents were fairly well off  Warpy   Jan-27-06 03:49 PM   #13 
  - My Mom  Jawja   Jan-27-06 06:55 PM   #51 
  - I would laugh every time a freeper perished from starvation  Singular73   Jan-27-06 03:40 PM   #2 
  - you make me sick  Raydawg1234   Jan-27-06 03:44 PM   #8 
  - I dont care.  Singular73   Jan-27-06 03:45 PM   #9 
     - Laughing at the death of another human being, you sound like a freeper  Raydawg1234   Jan-27-06 04:20 PM   #31 
        - Humans care about others. Freepers care for nobody save themselves.  HypnoToad   Jan-27-06 06:15 PM   #45 
        - Freepers care about the bottom line, life before birth and JEBUS.  sarcasmo   Jan-27-06 09:18 PM   #69 
        - Fuck republicans, freepers, conservatives the whole lot.  Jara sang   Jan-27-06 07:12 PM   #54 
  - What would you do if you die before them...  Township75   Jan-27-06 04:08 PM   #26 
  - If he dies before them, he sure won't be worrying about what he'd do!  mtnsnake   Jan-27-06 09:28 PM   #71 
  - I don't laugh when others starve.  NanciNice   Jan-27-06 04:09 PM   #28 
  - I guess we're about to find out...  txaslftist   Jan-27-06 03:40 PM   #3 
  - Move to Europe...I married a European so it wouldn't be hard  YOY   Jan-27-06 03:40 PM   #4 
  - the great depression was world wide  pitohui   Jan-27-06 03:54 PM   #16 
     - When her family already has a farm with livestock and vegetables and  YOY   Jan-27-06 04:03 PM   #22 
        - okay that'll work  pitohui   Jan-27-06 04:07 PM   #24 
  - Use it up, wear it out, make it do, or do without.  BrotherBuzz   Jan-27-06 03:42 PM   #6 
  - The very quote my grandparents used...  proReality   Jan-27-06 03:53 PM   #14 
  - Oh, poverty has caused me to learn how to do a lot of things  Warpy   Jan-27-06 03:53 PM   #15 
     - Maybe money challenged, but never let them label you poor!  BrotherBuzz   Jan-27-06 04:02 PM   #20 
  - I'd go into a great depression  ginbarn   Jan-27-06 03:42 PM   #7 
  - Don't worry, there are Luddites like me who will help you....  BrotherBuzz   Jan-27-06 03:48 PM   #11 
     - Thanks for that  ginbarn   Jan-27-06 04:40 PM   #36 
  - Organize  lvx35   Jan-27-06 03:48 PM   #10 
  - Depression coming?  RufusEarl   Jan-27-06 03:48 PM   #12 
  - Hence the "Patriot Act" and all of its added provisions.  HypnoToad   Jan-27-06 06:08 PM   #40 
  - All that stands between me and rural survival is one tank of gas  Cats Against Frist   Jan-27-06 03:55 PM   #17 
  - Yeah, hip cities are the liberal bane  lvx35   Jan-27-06 04:01 PM   #19 
  - It could also be said that it helps the Republicans  Cats Against Frist   Jan-27-06 04:25 PM   #32 
     - Well sure, absolutely  lvx35   Jan-27-06 07:14 PM   #55 
  - I moved from Boston to New Mexico  Warpy   Jan-27-06 04:13 PM   #29 
     - I hear you, about the fish  Cats Against Frist   Jan-27-06 04:34 PM   #33 
  - i would do as my forebears did i'm sure  pitohui   Jan-27-06 04:02 PM   #21 
  - Depression  NanciNice   Jan-27-06 04:05 PM   #23 
  - the GREAT depression was a deflationary event  pitohui   Jan-27-06 04:09 PM   #27 
  - Come to Michigan with the latest Ford job cuts, I bet unemployment here  sarcasmo   Jan-27-06 09:26 PM   #70 
  - "Aren't we already having one?"  area51   Jan-28-06 12:48 PM   #75 
  - A good friend of mine is already living the Great Depression.  bush_is_wacko   Jan-27-06 04:07 PM   #25 
  - i don't call that a great depression and here's why  pitohui   Jan-27-06 04:15 PM   #30 
     - Even the wealthy are only one Chinese monetary withdrawal away  bush_is_wacko   Jan-27-06 04:35 PM   #34 
        - Incorrect. They'll just "Pull a Gates". And Gates isn't very patriotic...  HypnoToad   Jan-27-06 06:12 PM   #42 
           - the dollar already went down  pitohui   Jan-27-06 06:14 PM   #44 
              - For how long? If it wasn't down, how come things still run?  HypnoToad   Jan-27-06 06:16 PM   #46 
              - oh god it's still down, i'm just back  pitohui   Jan-27-06 06:52 PM   #50 
                 - Damn straight.  tabasco   Jan-27-06 09:02 PM   #67 
              - The dollar is STILL way overvalued. In fact it is practically worthless.  bush_is_wacko   Jan-28-06 11:01 AM   #74 
  - We would do okay  catmandu57   Jan-27-06 04:36 PM   #35 
  - The dreams of my hippie youth will pay off  triguy46   Jan-27-06 04:42 PM   #37 
  - We would do OK, for we've been preparing  MadHound   Jan-27-06 04:48 PM   #38 
  - Read 'Final Exit' and then do it. :(  HypnoToad   Jan-27-06 06:07 PM   #39 
  - jeez is that marvin the depressed android or what?  pitohui   Jan-27-06 06:11 PM   #41 
     - Yes, but unlike you I also have medical problems. No money = no meds.  HypnoToad   Jan-27-06 06:18 PM   #47 
        - i had chronic pain for i'm embarrassed to say how many yrs  pitohui   Jan-27-06 06:56 PM   #52 
  - I would turn my entire yard into a vegetable garden.  NCarolinawoman   Jan-27-06 06:12 PM   #43 
  - repukes create depressions  leftofthedial   Jan-27-06 06:21 PM   #48 
  - I'm thinking of converting my savings to Euros, but  Cleita   Jan-27-06 06:24 PM   #49 
  - you missed the boat  pitohui   Jan-27-06 07:00 PM   #53 
     - I think I did too, but even if I got Euro tomorrow wouldn't it  Cleita   Jan-27-06 07:54 PM   #59 
        - no why would it?  pitohui   Jan-27-06 08:09 PM   #61 
           - Thanks. This is what I needed to know.  Cleita   Jan-27-06 08:17 PM   #64 
  - watch Hubby slowly die from kidney failure  kineneb   Jan-27-06 07:15 PM   #56 
  - Oh, I'm so sorry.  Cleita   Jan-27-06 07:58 PM   #60 
     - thanks  kineneb   Jan-27-06 08:52 PM   #66 
        - If this gets cut off by these bastards, then I know we are  Cleita   Jan-27-06 09:10 PM   #68 
  - During the Great Depression  burrowowl   Jan-27-06 07:29 PM   #57 
  - not so, there was a drought, they couldn't grow food  pitohui   Jan-27-06 08:13 PM   #62 
     - Dust Bowl  burrowowl   Jan-27-06 09:36 PM   #72 
  - The next great depression will hit DU on Tuesday  meisje   Jan-27-06 07:38 PM   #58 
  - Don't think it -- or WORSE -- can't happen.  Pigwidgeon   Jan-27-06 08:48 PM   #65 
  - I'll take the "mass public death" and a mochachino.  Porcupine   Jan-27-06 11:10 PM   #73 
  - Great post  Bushwick Bill   Jan-28-06 02:11 PM   #77 
  - Been living close to the edge for years now-we know how to do without  TheGoldenRule   Jan-28-06 01:56 PM   #76 
 

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